In September, Triarc Cos. Inc. which already owned Arby's, purchased Wendy's for $2.3 billion. The merged company, known as Wendy's/Arby's Group, is based in Atlanta.
"Since the completion of the merger, Wendy's employees have known a number of shared services positions would be moved to Atlanta," said Wendy's spokesman Bob Bertini.
The goal is to reduce costs through more efficient operations, he said, adding some of the positions that will move to Atlanta include corporate accounting and finance.
Bertini said it is too soon to know how many of the 120 Dublin employees will move to Atlanta.
"Each circumstance is different," he said.
The 14 employees whose jobs will be cut were notified this week. They will remain on the job at least through the end of the year.
The 45 other cuts come from "field" jobs, such as marketing, quality control, real estate and finance. Bertini added that "no other work force reductions are planned beyond the ones announced this week."
[tags : recession bankrupt collapse retrenchment financial news collapse stagnation economic slowdown financial collapse world recession]
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